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Howden dismisses Hyperion IPO suggestion for 2015

David Howden, CEO of Hyperion, has ruled out the possibility of an initial public offering in 2015, saying the company was instead focused on generating growth.

Charlie Thomas, 19 January 2015
No break fee for XL-Catlin deal

Neither XL nor Catlin will be required to pay a termination fee if either party decides to pull out of their $4.2bn merger deal.

Himal Patel, 19 January 2015
Iberian veteran Vasquez retires

Carlos Vasquez, veteran entrepreneur of the Spanish and Portuguese (re)insurance markets and former leader of erstwhile global broker Heath's Spanish operations, has retired, The Insurance Insider has learned.

Mark Geoghegan, 19 January 2015
Digest

Marketform loads cargo underwriter; JLT Specialty hires; Tryg marine run-off sale; Laspo effect; Brisbane billion; Ace's higher for Langdon; Sogaz gets treaty home; Cooley raids; Davos worry list; Washington Reciprocates; Validus Boston bound; Arch brokers depart; QBE looks East

Charlie Thomas, 19 January 2015
Fresh claim follows hard on heels of IG renewal terms

The International Group (IG) of protection and indemnity clubs has notified the market of a fresh loss to its reinsurance programme just days after renewal terms were released, The Insurance Insider has learned.

Adam McNestrie, 19 January 2015
O’Donohoe heads to Hamilton

Brian Duperreault's start-up Hamilton Insurance Group has hired Dermot O'Donohoe to lead its Lloyd's operations.

Charlie Thomas, 19 January 2015
Plus ça change...

"What is the most powerful word in the English language?" With this simple question, so begins every management seminar ever held on the dark art of marketing

Mark Geoghegan, 19 January 2015
Chaucer puts $300mn motor book up for sale

Chaucer, the Lloyd's platform of New York-listed insurer The Hanover, has decided to sell its $300mn-premium UK motor business, The Insurance Insider can reveal.

Adam McNestrie, 19 January 2015
R&Q acquires $4.7mn Scandinavian marine run-off

Legacy-to-live carrier Randall & Quilter (R&Q) has acquired a 30.1mn Danish krone ($4.7mn) book of Scandinavian marine liabilities from Danish insurer Tryg.

Dan Ascher, 19 January 2015
Howden: no Hyperion IPO in 2015

David Howden, CEO of Hyperion, has ruled out an initial public offering in 2015, saying the global intermediary was instead focused on generating growth

Charlie Thomas, 19 January 2015

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